High debt load grounds Bombardier Inc.

High debt load grounds Bombardier Inc.

COVID-19 sharply reduced global deliveries of new business jets. That’s starting to change as the economy recovers and as private air travel demand is expected to rise.

Still, a recovery to pre-COVID-19 sales levels will take several years.

BOMBARDIER INC. (Toronto symbols BBD.A and BBD.B; www.bombardier.com) now… Read More

COVID-19 lifts private jet demand

BOMBARDIER INC. is still a hold. The company (Toronto symbols BBD.A $1.16 and BBD.B $0.93; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 2.4 billion; Market cap: $2.2 billion; Price-to-sales ratio: 0.4; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) recently delivered two of its long-range… Read More

High debt load still a big risk factor

BOMBARDIER INC. remains a hold for aggressive investors. The company (Toronto symbols BBD.A $0.44 and BBD.B $0.295; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 2.4 billion; Market cap: $744 million; Price-to-sales ratio: 0.05; Divd. suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) delivered… Read More